SUGAR CANDY 😍I think retesting done after breakout, and it is like a recent double bottom on daily charts please like and followLongby AMIT-RAJAN3
Renuka sugar in L CGood position ready in renuka sugar soon... Wait and watch.....Shortby Pk341228112
Renuka Sugar getting prepared for blastRenuka looks good for another move. Wait for trendline break and hourly close above trendline. Disclaimer: Pls take your own decision based on further analysis. This is not a recommendation.Longby sckeshari344111
Swing trade opportunityBuy after the breakout of the channel and it give more than 1:3 risk reward ratio Longby Rupeshchauhan223
#RENUKA - Short term idea#RENUKA - Short term idea CMP - 61.35 Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell We will be not responsible for your profit and Loss Please like and retweet if you like this idea.Longby PowerOfChartist2
Renuka Sugars BullishRenuka Sugars Bullish momentum may continue concentrate if price sustain above 62 in 4hrsLongby Tamilniftyanalysis1121
SHORT-TERM BULLISH in RENUKA SUGARS !!!#MONDAY> <#SHORT-TERM> NSE:RENUKA { Why SHREE RENUKA ??? VOLUME during this month is comparatively higher than past 4-5 years volume...(On Monthly candles); its net profit has been increased drastically from quarters to quarters; good news is being seen sugar industries; it's earnings is going to be announced next month (May 28); Be careful It's a PENNY STOCK; } { BUY: Renuka sugars Trigger price;-"60-62"; TARGET:-72++; SL:-55; The above provided levels are provided based on our RISK-MANAGEMENT !!! } } HAPPY TRADING { Follow for More exciting trades.. @VK2413 Show your ❤️by 👍to the idea.. Please express your response by comment.. } by VK24132
Shree Renuka Sugars - Breakout Renuka Sugars gave a breakout from 9 months of consolidation with huge volume. Can buy at CMP for targets of 48 and 64. SL below 34 on DCB. Views are educational.Longby UnknownUnicorn37588433Updated 5
A 52 week breakout with volumeShree Renuka Sugars Ltd is an agribusiness and bioenergy corporation present across the sugar value chain. It produces sugar, ethanol, power The company has a low-interest coverage ratio. The company has delivered a poor sales growth of -10.54% over the past five years. trade only on your due diligence Longby nandagopan4545
Shree Renuka Sugars LimitedBreakout with very high volume in Shree Renuka Sugars Limited...Longby Swing_Trading_Chart3
RENUKA | Ready for 15%+ Move ?NSE:RENUKA Cmp : 41.25 Target : 47.50 Stop Loss: 37 Risk Reward Ratio = 1:1 Closing Above 48.5 may Blast #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.Longby Art_of_charting_KnowledgeUpdated 557
Shree Renuka SugarFair Warning - This is a high debt laden company of the Wilmar group... Technically, looks to be in the middle of formation of a triangle.... as long as the lower line of the tiangle is not breached, target of 48.5 may be seen...has stong resistance at 47.5 levels (profit can be booked here if at all it reaches this level), gaps to be filled... safe traders should only enter when the triangle is confirmed, i.e., post breakout from the pattern linesLongby Rocky_ChowUpdated 0
Renuka sugar gave BreakoutRenuka sugar as given Breakout of recent market structure. Long Renuka sugar at current level or wait for pullback. Exit when it closes below previous market structure.Longby Babujoseph770
Renuka Sugars- VCP and Upflag BreakoutShree Renuka Sugars Ltd is an agribusiness and bioenergy corporation present across the sugar value-chain. It produces sugar, ethanol, power etc.by StrategicAlpha0
RENUKA SUGAR | Good for Long NSE:RENUKA Cmp : 34.5 #Uptrend Above 38 will give massive movement #StudyLongby Art_of_charting_KnowledgeUpdated 2
Renuka Sugar- Rounding Bottom Breakout- Trading Near RetestShree Renuka Sugars Ltd is an agribusiness and bioenergy corporation present across the sugar value-chain. It produces sugar, ethanol, power etc. Sugar: Co. has state-of-the-art fully integrated sugar mills to manufacture sugar. Molasses, bagasse and press mud, produced as by-products, are further used to manufacture value added products. Co. has six mills in India with a total capacity of 36,500 TCD and two port-based sugar refineries with a total capacity of 5,500 TPD. Power Generation: Co. has a capacity production of 567 million Kwh of power, 49% of which is captively consumed within its plants and the remaining power is sold to the state electricity grid. Most of its cogeneration process is based on renewable energy, which provides a significant reduction in GHG emissions. Ethanol: Co’s distilleries manufacture potable grade alcohol and fuel-grade ethanol that can be blended with petrol. It has a production capacity of 730 kilo litres per day (KLPD). It also provide turnkey distillery, ethanol and certain sugar process equipment and biofuel plant solutions through its subsidiary, KBK Chem Engineering. Revenue Split Sugar- 80% in FY21 vs 93% in FY18 Ethanol- 11% in FY21 vs 5% in FY18 Cogeneration and others- 9% in FY21 vs 2% in FY18 Geographical Split Domestic- 36% in FY21 vs 30% in FY18 Exports- 64% in FY21 vs 70% in FY18 Branding The co is a market leader in the packaged sugar segment in India, marketing its products under the Madhur brand. Future Plan The co plans to invest around Rs. 6,500 Mn to expand their ethanol capacity from 720 KLPD to 1400 KLPD. It endeavors to become a green energy company with a focus on production of biofuel ethanol. by StrategicAlpha0
Risky but Multi Bagger Stock !!The price consolidating in round bottom pattern supported by DOW theory of HH-HL , moving average and significant volume. The neckline breakout will probably generate multi fold return in long term holding. Keep accumulating in multiple lot and stop loss will be trendline support. Thanks Longby IndieconomicUpdated 221
Renuka Sugar looks good at 38Renuka Sugar looks good at 38. My idea is for educational purpose.Longby B_BNUpdated 1
Renuka Sugar looks good at 28Renuka Sugar looks good @28. Buy at all declines for good gain.Longby B_BNUpdated 113
little bit correction pointsEverything mention above the chart.. My technical view: Avwap and EMA Long open and long future but the stock unfortunately previously just little bit Gap up did that gap filled that time Ready to Long rally . Now cmp -32.60 coming month end of touch buying zone( 24 to 25) Target- 44.30( waiting period 3 month) Sl- below 22 ( day closing) Longby vishnubarath1995Updated 0
Shree RenukaRenuka Sugar can cross 36 and even break out beyond. caution advised budget time. Longby Dennis-trader0
Shree Renuka looking goodShree Renuka looks good to go upside RSI and MACD shows good momentum if breaks 35 level then we can see 45-47 levels soon. Bullish triangular pattern formation. Disclaimer: This is not a recommendation. Pls invest as per your own risk.Longby sckeshari3440